Job Details
Skills And Tools:
Job Description
• Manage daily cash flows, including cash positioning, forecasting, and liquidity management.
• Monitor bank account balances, initiate fund transfers, and ensure sufficient liquidity to meet operational needs and financial obligations.
• Establish and maintain relationships with banks and financial institutions, negotiating banking services and fees to optimize cost-effectiveness and service quality.
• Manage bank accounts, signatories, and authorizations in compliance with internal controls and regulatory requirements.
• Develop and maintain cash flow forecasts, analyzing historical data and future projections to identify cash needs and liquidity risks.
• Coordinate with finance and accounting teams to integrate cash forecasts into budgeting and planning processes.
• Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, credit risk, and counterparty risk.
• Develop risk management strategies and hedging programs to protect against adverse market movements and volatility.
• Develop and implement investment strategies for surplus cash, optimizing returns while managing risk and liquidity requirements.
• Monitor investment performance, conduct due diligence on investment opportunities, and recommend adjustments to investment portfolios as needed.
• Manage corporate debt facilities, including bank loans, lines of credit, and bond issuances, ensuring compliance with covenants and terms.
• Evaluate financing options, negotiate financing agreements, and oversee debt service payments.
• Oversee treasury operations, including cash transactions, wire transfers, and bank reconciliations, ensuring accuracy, efficiency, and compliance with internal controls.
• Implement and maintain treasury systems and technology solutions to support treasury operations and reporting requirements.
• Ensure compliance with regulatory requirements, accounting standards, and internal policies related to treasury operations and financial risk management.
• Prepare and analyze treasury-related reports, metrics, and KPIs for management and stakeholders.
Job Requirements
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field (Master's degree or MBA preferred).
- 7 years of experience in treasury management or related finance roles, with [3] years in a leadership or managerial position.
- Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA) designation preferred.
- Strong knowledge of cash management, liquidity management, and financial risk management principles and practices.
- Experience with cash forecasting techniques and financial modeling.
- Proficiency in treasury management systems and financial software.
- Excellent analytical, strategic, and problem-solving abilities.
- Strong communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
- Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities simultaneously.
- Knowledge of financial regulations and compliance requirements related to treasury operations.
